Saudi Arabian Oil Co (SAU:2222) Accounts Payable & Accrued Expense : ﷼230,895 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Saudi Arabian Oil Co Accounts Payable & Accrued Expense?

Saudi Arabian Oil Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (﷼219,985 Mil) to Sep. 2023 (﷼251,604 Mil) but then declined from Sep. 2023 (﷼251,604 Mil) to Dec. 2023 (﷼230,895 Mil).

Saudi Arabian Oil Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼177,705 Mil) to Dec. 2022 (﷼237,551 Mil) but then declined from Dec. 2022 (﷼237,551 Mil) to Dec. 2023 (﷼230,895 Mil).

Saudi Arabian Oil Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saudi Arabian Oil Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Saudi Arabian Oil Co Accounts Payable & Accrued Expense Chart

Saudi Arabian Oil Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

143,934.00

99,073.00

177,705.00

237,551.00

230,895.00

Saudi Arabian Oil Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															237,551.00	230,094.00	219,985.00	251,604.00	230,895.00

Saudi Arabian Oil Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Saudi Arabian Oil Co (SAU:2222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Arabian Oil Co (SAU:2222) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 5000, Dhahran, SAU, 31311

Website

https://www.aramco.com

Saudi Aramco is the national oil company of Saudi Arabia and holds the exclusive right to explore for, produce, and refine the country's hydrocarbons. It is the largest oil and gas producer in the world with production volume of 13.6 mmboe/d in 2022, including 11.5 mmboe/d of liquids. Its 4.1 mmb/d in net refining capacity makes it the world's fourth-largest refiner. It also owns 56.3 million metric tons of chemical manufacturing capacity, placing it among the top five global chemical companies.

Saudi Arabian Oil Co (SAU:2222) Headlines

No Headlines